1811 E 3rd StreetPort AngelesWA98362
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Port Angeles at 1811 E 3rd Street, Port Angeles, WA, 98362 listed at $390,000 pairs $2,700/mo rent with a $1,909/mo payment to leave $356/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $4,266/yr on $129,285 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 8.31% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 120.32% and total cumulative return in cash totals $155,552. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98362, Port Angeles, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,827 (100%) |
| Owner Occupied HU | 7,777 (65.8%) |
| Renter Occupied HU | 3,219 (27.2%) |
| Vacant Housing Units | 831 ( 7.0%) |
| Median Home Value | $514,436 |
| Average Home Value | $587,374 |
Housing Distribution
Address Breakdown
Residential
10,887
Single Family
9,999
Multi-Family
888
Businesses
1,355
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Listed by: Kaylene M. Byrne • BrokersGroup R.E.Professionals
Mls Name: NWMLS
Mls ID: #2457191